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Export to Vietnam

Thinking of starting to export to Vietnam? The following is an essential country and customs guide to Vietnam.

Designated by UKTI as a high-growth emerging market, Vietnam has one of the fastest-growing, most vibrant economies in Asia. With a population of over 90 million, over half of which are below the age of 30, this entrepreneurial nation is the 14th most populous in the world and third-largest in the South-East Asia region.

Economic growth is strong; over the past ten years this has been second only to China and GDP has been doubling every ten years since 1986. Since joining the World Trade Organization (WTO) in 2007, Vietnam’s progress towards becoming a full market-orientated economy has accelerated and GDP growth in the four-year accession period averaged 6.5%.

British companies have been successful in a number of areas, including biotechnology, education, ICT, green business, finance and professional services and oil and gas. And the opportunities don’t stop there. Bordering China to the north and Laos and Cambodia to the west, Vietnam provides a gateway for British businesses looking for further expansion in the region.

Sources: DHL, UKTI, Gov.uk

For more detailed information when trading with Vietnam, download our Vietnam Fact Sheet

The times provided fordutiable shipmentsare based on the timeexpected for customsin Vietnam to clear theshipment – this isdependent on thevalue of the shipment.

Destination

Document

Dutiable Shipment

Ha Noi

2 days

3-5 days

Hue

5 days

6-8 days

Nam Dinh

3 days

4-6 days

Ho Chi Minh

2 days

3-5 days

Da Nang

3 days

4-6 days

Essential customs info

Commercial Invoice must clearly state itemised products and value.

The term of trade (the Incoterm® 2010 rule) must also be stated on the invoice. If an Incoterm® rule isn’t stated then a local Freight charge will be applied to the shipment for tax and duty calculations.

Duty Free Value of 1,000,000 Dong is based on CIF value (Cost, Insurance & Freight value). Shipments up to this value are exempt from duty, but VAT and Special Sales Tax may still apply.

DHL can assist you with getting everything right. You can speak to your Account Manager or contact Customer Services on 0844 248 0844 for advice.

Prohibited Items Specific to Vietnam

Vietnamese Customs prohibit or restrict the import of the following items into Vietnam. Logistics providers will also have a list of items that are prohibited or restricted for transport to any location, for example dangerous goods. DHL’s standard list of prohibited items also applies.